Education is the key to success even when it comes to money matters.
Now more than ever, financial education is essential not just for investors, but for the average Filipinos as well, as they navigate through their personal finance journey and strive to reach their money goals faster.
These days, many Filipinos are still grappling with the impact of the coronavirus pandemic on the economy and the ensuing inflation. Millions of people lost their jobs or took pay cuts as businesses suffered and were forced to close due to COVID-19.
Even those who were fortunately not affected by the pandemic financially may still be unsure of how to balance their budget or best manage their money and prepare for the future. Naturally, almost everyone has financial concerns that could be improved with a little help from professionals.
True to its commitment to be the bank that educates, the Metropolitan Bank & Trust Co. (Metrobank) launches Moneybility, a pioneering comprehensive and dynamic financial education platform in the country. This new platform includes an e-book that aims to help Filipinos to be financially capable and resilient.
Financial guidance
With over 60 years of solid experience guiding clients across different challenges, Metrobank has written the e-book on financial guidance and is now sharing all its wisdom in Moneybility.
The first two full chapters of Moneybility (first edition) can be downloaded here https://moneybility.metrobank.com.ph/. The next chapters will be released in the coming months.
The first chapter helps you understand the landscape of your financial journey. It will guide you on how not to fall into bad money habits that are hurting your chances of achieving financial wellness. Some bad money habits include having a “bahala na” mindset when it comes to money, waiting on bonuses to pay off a debt, overspending during sales and promos, and taking on multiple loans all at once.
At the end of the day, those who make poor money decisions suffer the consequences. They are likely to struggle with debt, have little to no savings, and constantly feel under pressure about money, among others.
Financial wellness
Moneybility says “financial wellness knows no age, gender, or earning capacity. Just as anyone can start, anyone can also start over. Financial wellness means having control over your money, making responsible money decisions, and meeting your financial obligations.[LL1] ”
With the Moneybility e-book, you will be able to equip yourself with as much knowledge as possible to make informed money decisions and minimize your losses as you learn what works for you.
The second chapter asks the question “Where are you in your financial journey?” and helps you assess your financial health through a simple questionnaire. This is important because being aware of your financial health is a good starting point in setting your financial goals. This chapter also shares some tips on your next steps toward being financially healthy.[LL2]
Moneybility: Your trusted companion
Moneybility has a comprehensive range of topics from understanding your money habits to budgeting, dealing with debt, insurance, investing, and many more. It is totally convenient and easy to access. Download updates and take it with you wherever you go. It will also link back to other Metrobank financial education programs, making it a true trusted companion. [LL3]
To make your financial learning journey more engaging and relatable, Moneybility will be releasing interactive features and other tools in the coming weeks.
This latest financial education platform from Metrobank is convenient for individuals who want to start developing smart money habits on budgeting, dealing with debt, insurance, investing, and many more.
Over the years, Metrobank has continuously proven that Filipinos are in good hands as it provides innovative solutions to their customers’ needs. And with its latest financial education initiative, Moneybility, it lives up to its goal to be a bank that educates, aiming to help make Filipinos financially resilient.
Download the Moneybility e-book at moneybility.metrobank.com.ph.